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Vendor selection is a critical activity in retail supply chain management because the quality, cost, availability, and timely delivery of goods depend greatly on suppliers. Retailers deal with different types of vendors, such as manufacturers, wholesalers, distributors, and service providers. A proper vendor selection process helps reduce risk, improve efficiency, and support long-term business growth. In retail business, selecting the right vendor ensures that customer demand is fulfilled consistently and profitably. The vendor selection process usually begins with identifying business needs. A retail manager first determines what products ______ ___ ____ ____ ___ ____ _____ __________.
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